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Re: goldenstone77 post# 80950

Monday, 02/02/2009 1:12:49 PM

Monday, February 02, 2009 1:12:49 PM

Post# of 82595
Hello Goldenstone77,

Responding to what you said -- "corporations domiciled in one state, can do business in all the other states.
The right to engage in interstate commerce it has often been declared is a federal right, and is, therefore, independent of state control."

If that's so, then a corporation in another state (Utah) can still do business in all other states (including Florida,) without "the certificate of authority to transact business in Florida," which would be a positive in this case. That requirement may just apply to corporations from other nations. I should note, I'm not an expert in this area. Even if that's not so, it shouldn't be difficult for the corporation to become active again in Florida, (as you said, "they basically have to file a report and give them a few dollars,") which isn't, as they say, a "showstopper." At any rate, the intellectual property remains the property of the company, and in my opinion, that alone has value that is currently much greater than what the company owes.

Daniel